Guideline Value for ANNAPOORANI LAYOUT

Annapoorani Layout guideline value

The current guideline value for Annapoorani Layout is Rs 700 per sq.ft, effective from 1 July 2024. This layout is located in Ward - E village under the Udumalpettai SRO and is classified as Residential Class I Type - II.

How the guideline value of Annapoorani Layout has changed

The guideline value for Annapoorani Layout has undergone several revisions over the years. In 2012, the guideline value was Rs 625 per sq.ft, which decreased to Rs 419 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 626 per sq.ft, marking a rise of 49%. The latest revision in 2024 set the guideline value at Rs 700 per sq.ft, reflecting a 12% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Ward - E

In Ward - E, there are 49 streets under the Udumalpettai SRO with a 2024 guideline value ranging from Rs 380 to Rs 1,350 per sq.ft. The median value for these streets is Rs 500 per sq.ft, placing Annapoorani Layout's 2024 figure above that median.

• Angappan Lane: Rs 380 per sq.ft (2024)
• Ameer Lay Out: Rs 500 per sq.ft (2024)
• Amanalinga Lay Out: Rs 660 per sq.ft (2024)
• Balaji Nagar: Rs 380 per sq.ft (2024)
• Chairman Ramasamy Nagar: Rs 500 per sq.ft (2024)
• Chinnasamy Layout: Rs 775 per sq.ft (2024)

Stamp duty and registration fee for property in Annapoorani Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total charges to Rs 63,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Annapoorani Layout?

The Sub Registrar Office that covers Annapoorani Layout is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet - 642126, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward - E

The guideline value is a crucial factor when registering property transactions in Ward - E. It serves as the basis for calculating stamp duty and registration fees, which are mandatory for all property sales.

When buyers or sellers engage in a transaction, the guideline value ensures that the property is assessed fairly for taxation purposes. This value is used to determine the amount of stamp duty and registration fees to be paid at the time of registration.

Frequently asked questions

What is the current guideline value of Annapoorani Layout?

The current guideline value of Annapoorani Layout is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 625 per sq.ft in 2012 to Rs 700 per sq.ft in 2024, reflecting an overall increase of 12% over this period.

What is the stamp duty rate applicable in Annapoorani Layout?

The stamp duty rate applicable in Annapoorani Layout is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Annapoorani Layout?

The Sub Registrar Office for Annapoorani Layout is the Udumalpettai Sub Registrar Office, located at 21, Katcheri Street, Taluk Office Campus, Udumalpet - 642126, Coimbatore registration zone.

What are the other streets in Ward - E?

Other streets in Ward - E include Angappan Lane, Ameer Lay Out, Amanalinga Lay Out, Balaji Nagar, Chairman Ramasamy Nagar, and Chinnasamy Layout, with varying guideline values.